Strengthening Technology Development and Financial Position in Line with Group Collaboration and Business Strategy
First written in FY2016. 15 of 35 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-05.
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- 2026-08-05MitigatedEarnings
「Interest-bearing debt stood at ¥817.7 billion, compared with ¥833.1 billion at the previous fiscal year-end.」
Interest-bearing debt declined by ¥15.4 billion from the previous fiscal year-end, while the equity ratio also improved to 40.4%. - FY2026Growth in interest-bearing debt coincided with an improvement in the equity ratioAnnual report
「Consolidated interest-bearing debt increased by ¥41.1 billion from the end of the previous consolidated fiscal year to ¥833.1 billion, mainly due to the use of external financing for domestic and overseas real estate development investments. However, the D/E ratio was 0.59x, and the Company believes it has maintained sufficient financial soundness.」
The use of external financing for real estate development investments increased interest-bearing debt to ¥833.1 billion, while the D/E ratio was 0.59x and the equity ratio was 39.0%. Expanded investment and maintained financial soundness coexisted. - 2026-05-14OtherEarnings
「Interest-bearing debt stood at ¥833.1 billion, compared with ¥792.0 billion at the end of the previous fiscal year.」
Interest-bearing debt increased, while the equity ratio improved by 2.6 percentage points from the previous fiscal year-end, indicating mixed movements in financial metrics. - FY2026-H1Growth in interest-bearing debt coincided with an improvement in the equity ratioAnnual report
「Interest-bearing debt stood at ¥813.6 billion (¥792.0 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 2.2 percentage points from the end of the previous consolidated fiscal year to 38.6% (36.4% at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥21.6 billion from the previous fiscal year-end, while the equity ratio improved by 2.2 percentage points to 38.6%. The financial position showed opposing changes, with debt increasing while the equity ratio improved. - FY2025-H1WorsenedAnnual report
「Total liabilities increased by ¥224.4 billion from the end of the previous consolidated fiscal year to ¥2.1359 trillion (¥1.9114 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥260.9 billion increase in interest-bearing debt. Interest-bearing debt stood at ¥873.6 billion (¥612.6 billion at the end of the previous consolidated fiscal year). The equity ratio deteriorated by 2.7 percentage points from the end of the previous consolidated fiscal year to 35.9% (38.6% at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥260.9 billion from the previous fiscal year-end to ¥873.6 billion, while the equity ratio deteriorated from 38.6% to 35.9%. The adverse change in the financial position expanded during the interim period compared with the previous fiscal year-end. - FY2024Increase in interest-bearing debt alongside maintained financial soundnessAnnual report
「Consolidated interest-bearing debt increased by ¥74.8 billion from the end of the previous consolidated fiscal year to ¥612.6 billion, due to the use of external financing for overseas real estate development investments and foreign-currency translation gains resulting from exchange-rate movements on overseas borrowings. However, the D/E ratio was 0.51x, and the Company believes it has maintained sufficient financial soundness.」
Interest-bearing debt increased by ¥74.8 billion against a backdrop of overseas real estate development investments and other factors, while the D/E ratio was reported at 0.51x. The new medium-term management plan also set out a financial strategy using a D/E ratio of approximately 0.7x as a benchmark. - FY2024-Q3WorsenedAnnual report
「Total liabilities increased by ¥294.8 billion from the end of the previous consolidated fiscal year to ¥2.0034 trillion (¥1.7085 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥216.2 billion increase in interest-bearing debt, a ¥31.7 billion increase in notes payable, construction accounts payable and other liabilities, and a ¥14.9 billion increase in advances received for construction in progress. Interest-bearing debt stood at ¥754.0 billion (¥537.7 billion at the end of the previous consolidated fiscal year). The equity ratio deteriorated by 1.6 percentage points from the end of the previous consolidated fiscal year to 36.4% (38.0% at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥216.2 billion from the previous fiscal year-end to ¥754.0 billion, while the equity ratio deteriorated by 1.6 percentage points to 36.4%. The trend of increasing interest-bearing debt through the previous quarter expanded, indicating an adverse change in the financial position. - FY2024-Q2Growth in interest-bearing debt coincided with an improvement in the equity ratioAnnual report
「Interest-bearing debt stood at ¥568.7 billion (¥537.7 billion at the end of the previous consolidated fiscal year). Total net assets, comprising shareholders’ equity of ¥901.5 billion, accumulated other comprehensive income of ¥227.8 billion and non-controlling interests of ¥10.8 billion, increased by ¥79.0 billion from the end of the previous consolidated fiscal year to ¥1.1402 trillion (¥1.0611 trillion at the end of the previous consolidated fiscal year). The equity ratio improved by 0.7 percentage points from the end of the previous consolidated fiscal year to 38.7% (38.0% at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥31.0 billion from the previous fiscal year-end to ¥568.7 billion, while net assets increased and the equity ratio improved by 0.7 percentage points. The financial position showed indicators moving in opposite directions. - FY2024-Q1AdvancedAnnual report
「Interest-bearing debt stood at ¥535.2 billion (¥537.7 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 0.3 percentage points from the end of the previous consolidated fiscal year to 38.3% (38.0% at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥2.5 billion from the previous fiscal year-end, while the equity ratio improved by 0.3 percentage points. Both debt reduction and an improved equity ratio were reported for the financial position. - FY2023WorsenedAnnual report
「Consolidated interest-bearing debt increased by ¥177.8 billion from the end of the previous consolidated fiscal year to ¥537.7 billion, mainly because external financing was used for overseas real estate development investments. However, the D/E ratio was 0.51x, and the Company believes it has maintained sufficient financial soundness.」
The use of external financing for overseas real estate development investments resulted in a ¥177.8 billion increase in interest-bearing debt from the previous fiscal year-end to ¥537.7 billion, indicating an adverse change in the financial position in the full-year results. Meanwhile, the D/E ratio was reported at 0.51x. - FY2023-Q3WorsenedAnnual report
「Total liabilities increased by ¥340.9 billion from the end of the previous consolidated fiscal year to ¥1.7251 trillion (¥1.3841 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥249.4 billion increase in interest-bearing debt, a ¥67.0 billion increase in notes payable, construction accounts payable and other liabilities, and a ¥31.2 billion increase in advances received for construction in progress. Interest-bearing debt stood at ¥609.4 billion (¥359.9 billion at the end of the previous consolidated fiscal year). The equity ratio deteriorated by 3.2 percentage points from the end of the previous consolidated fiscal year to 37.3% (40.5% at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥249.4 billion from the previous fiscal year-end to ¥609.4 billion, while the equity ratio deteriorated from 40.5% to 37.3%. The trend of increasing interest-bearing debt through the previous quarter expanded further. - FY2023-Q2Increase in interest-bearing debt and deterioration in the equity ratioAnnual report
「Total liabilities increased by ¥114.0 billion from the end of the previous consolidated fiscal year to ¥1.4982 trillion (¥1.3841 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥44.7 billion increase in advances received for construction in progress and a ¥39.7 billion increase in interest-bearing debt. Interest-bearing debt stood at ¥399.6 billion (¥359.9 billion at the end of the previous consolidated fiscal year). The equity ratio deteriorated by 0.1 percentage points from the end of the previous consolidated fiscal year to 40.4% (40.5% at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥39.7 billion from the previous fiscal year-end to ¥399.6 billion, while the equity ratio deteriorated by 0.1 percentage points to 40.4%. Interest-bearing debt also increased from the previous quarter, indicating an adverse change in the financial indicators. - FY2023-Q1Growth in interest-bearing debt coincided with an improvement in the equity ratioAnnual report
「Interest-bearing debt stood at ¥383.7 billion (¥359.9 billion at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥23.8 billion from the end of the previous consolidated fiscal year to ¥383.7 billion. Meanwhile, the equity ratio improved by 0.3 percentage points from the end of the previous consolidated fiscal year to 40.8%, indicating changes in opposite directions for liabilities and the equity ratio. - FY2022-Q3Increase in interest-bearing debt alongside slight improvement in the equity ratioAnnual report
「Total liabilities increased by ¥49.3 billion from the end of the previous consolidated fiscal year to ¥1.3293 trillion (¥1.2800 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥42.0 billion increase in interest-bearing debt. Interest-bearing debt stood at ¥359.0 billion (¥317.0 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 0.2 percentage points from the end of the previous consolidated fiscal year to 40.6% (40.4% at the end of the previous consolidated fiscal year).」
Interest-bearing debt at the end of the third quarter increased by ¥42.0 billion from the previous fiscal year-end to ¥359.0 billion, while the equity ratio improved by 0.2 percentage points to 40.6%. The financial position showed indicators moving in opposite directions. - FY2022-Q2AdvancedAnnual report
「Total liabilities decreased by ¥29.7 billion from the end of the previous consolidated fiscal year to ¥1.2502 trillion (¥1.2800 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥19.3 billion decrease in interest-bearing debt. Interest-bearing debt stood at ¥297.7 billion (¥317.0 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 1.7 percentage points from the end of the previous consolidated fiscal year to 42.1% (40.4% at the end of the previous consolidated fiscal year).」
Interest-bearing debt at the end of the second quarter decreased by ¥19.3 billion from the previous fiscal year-end to ¥297.7 billion, while the equity ratio improved by 1.7 percentage points to 42.1%. The financial position is improving. - FY2022-Q1AdvancedAnnual report
「Total liabilities decreased by ¥90.3 billion from the end of the previous consolidated fiscal year to ¥1.1896 trillion (¥1.2800 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥27.3 billion decrease in notes payable, construction accounts payable and other liabilities, a ¥21.5 billion decrease in advances received for construction in progress, and a ¥16.3 billion decrease in interest-bearing debt. Interest-bearing debt stood at ¥300.6 billion (¥317.0 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 2.0 percentage points from the end of the previous consolidated fiscal year to 42.4% (40.4% at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥16.3 billion from the previous fiscal year-end to ¥300.6 billion, while the equity ratio improved by 2.0 percentage points to 42.4%. The financial position improved as of the first quarter. - FY2021-Q3AdvancedAnnual report
「Interest-bearing debt stood at ¥315.5 billion (¥326.8 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 4.0 percentage points from the end of the previous consolidated fiscal year to 40.5% (36.5% at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥11.3 billion from the previous fiscal year-end, while the equity ratio improved by 4.0 percentage points to 40.5%. Improvement in the financial position was also reported as of the third quarter. - FY2021-Q2AdvancedAnnual report
「Interest-bearing debt stood at ¥307.6 billion (¥326.8 billion at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥19.1 billion from the previous fiscal year-end, while the equity ratio improved by 3.0 percentage points to 39.5%. The financial position improved as of the second quarter. - FY2021-Q1AdvancedAnnual report
「Total liabilities decreased by ¥58.8 billion from the end of the previous consolidated fiscal year to ¥1.3172 trillion (¥1.3760 trillion at the end of the previous consolidated fiscal year). Interest-bearing debt stood at ¥309.0 billion (¥326.8 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 1.4 percentage points from the end of the previous consolidated fiscal year to 37.9% (36.5% at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥17.8 billion from the end of the previous fiscal year, while the equity ratio improved by 1.4 percentage points to 37.9%. The financial position improved from the previous fiscal year-end, with further improvement reported in the first quarter. - FY2020Increase in interest-bearing debt accompanying expanded investment alongside an improved equity ratioAnnual report
「Consolidated interest-bearing debt stood at ¥326.8 billion, exceeding the balance at the end of the previous consolidated fiscal year. However, the D/E ratio was 0.41x, and the Company believes it has maintained financial soundness. The equity ratio improved by 0.5 percentage points from the end of the previous consolidated fiscal year to 36.5%.」
Interest-bearing debt increased from ¥298.7 billion to ¥326.8 billion in connection with growth investments, while the equity ratio improved from 36.0% to 36.5%. The D/E ratio of 0.41x was presented as an indicator of financial soundness. - FY2020-Q3Significant increase in interest-bearing debt and deterioration in the equity ratioAnnual report
「Interest-bearing debt stood at ¥386.2 billion (¥298.7 billion at the end of the previous consolidated fiscal year). Total net assets, comprising shareholders’ equity of ¥657.7 billion, accumulated other comprehensive income of ¥122.0 billion and non-controlling interests of ¥3.4 billion, increased by ¥26.3 billion from the end of the previous consolidated fiscal year to ¥783.2 billion (¥756.9 billion at the end of the previous consolidated fiscal year). The equity ratio deteriorated by 0.4 percentage points from the end of the previous consolidated fiscal year to 35.6% (36.0% at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥87.5 billion from the end of the previous fiscal year to ¥386.2 billion, while the equity ratio deteriorated by 0.4 percentage points to 35.6%. Net assets increased, but liabilities and the equity ratio moved in an adverse direction. - FY2020-Q2Slight increase in interest-bearing debt alongside an improved equity ratioAnnual report
「Interest-bearing debt stood at ¥301.5 billion (¥298.7 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 1.0 percentage point from the end of the previous consolidated fiscal year to 37.0% (36.0% at the end of the previous consolidated fiscal year).」
Interest-bearing debt increased by ¥2.8 billion from the fiscal year-end, while the equity ratio improved by 1.0 percentage point. The financial position showed indicators moving in opposite directions. - FY2020-Q1AdvancedAnnual report
「Total liabilities decreased by ¥64.1 billion from the end of the previous consolidated fiscal year to ¥1.2701 trillion (¥1.3342 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥42.4 billion decrease in interest-bearing debt and a ¥35.9 billion decrease in notes payable, construction accounts payable and other liabilities. Interest-bearing debt stood at ¥256.2 billion (¥298.7 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 0.7 percentage points from the end of the previous consolidated fiscal year to 36.7% (36.0% at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥42.4 billion from the end of the previous fiscal year to ¥256.2 billion, while the equity ratio improved by 0.7 percentage points to 36.7%. The financial position continued to improve in the first quarter. - FY2019AdvancedAnnual report
「With a view to medium- and long-term changes in the business environment, the Group is actively investing in domestic and overseas real estate development, R&D and other areas under the Kajima Group Medium-Term Management Plan (2018–2020), which aims to achieve sustainable growth. Operating cash flow and proceeds from the sale of development properties are the primary sources of funds. The Group also plans to flexibly use external financing to meet funding needs arising from its investment plans, and intends to control consolidated interest-bearing debt at no more than ¥400.0 billion.」
The Company has stated a policy of using operating cash flow and proceeds from the sale of development properties as sources of investment funds, while also using external financing, and managing consolidated interest-bearing debt at ¥400.0 billion or below. Interest-bearing debt at the fiscal year-end was ¥298.7 billion, and the equity ratio was 36.0%. - FY2019-Q3AdvancedAnnual report
「Total liabilities decreased by ¥153.3 billion from the end of the previous consolidated fiscal year to ¥1.2280 trillion (¥1.3814 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥75.8 billion decrease in interest-bearing debt, a ¥33.9 billion decrease in advances received for construction in progress, and a ¥25.6 billion decrease in notes payable, construction accounts payable and other liabilities. Interest-bearing debt stood at ¥268.9 billion (¥344.8 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 4.2 percentage points from the end of the previous consolidated fiscal year to 36.7% (32.5% at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥75.8 billion from the end of the previous fiscal year to ¥268.9 billion, while the equity ratio improved by 4.2 percentage points to 36.7%. The financial position continues to improve. - FY2019-Q2AdvancedAnnual report
「Total liabilities decreased by ¥125.6 billion from the end of the previous consolidated fiscal year to ¥1.2557 trillion (¥1.3814 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥68.9 billion decrease in interest-bearing debt, a ¥32.9 billion decrease in notes payable, construction accounts payable and other liabilities, and a ¥13.3 billion decrease in advances received for construction in progress. Interest-bearing debt stood at ¥275.8 billion (¥344.8 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 3.8 percentage points from the end of the previous consolidated fiscal year to 36.3% (32.5% at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥68.9 billion from the end of the previous fiscal year to ¥275.8 billion, while the equity ratio improved by 3.8 percentage points to 36.3%. Specific progress in improving the financial position was reported. - FY2019-Q1AdvancedAnnual report
「Total liabilities decreased by ¥60.7 billion from the end of the previous consolidated fiscal year to ¥1.3207 trillion (¥1.3814 trillion at the end of the previous consolidated fiscal year). This was mainly due to a ¥33.2 billion decrease in interest-bearing debt and a ¥32.7 billion decrease in notes payable, construction accounts payable and other liabilities. Interest-bearing debt stood at ¥311.5 billion (¥344.8 billion at the end of the previous consolidated fiscal year). The equity ratio improved by 1.4 percentage points from the end of the previous consolidated fiscal year to 33.9% (32.5% at the end of the previous consolidated fiscal year).」
Interest-bearing debt decreased by ¥33.2 billion from the end of the previous fiscal year to ¥311.5 billion, while the equity ratio improved by 1.4 percentage points to 33.9%. Specific quarterly progress in improving the financial position was reported. - FY2018AdvancedAnnual report
「Total liabilities decreased by ¥35.8 billion from the end of the previous consolidated fiscal year to ¥1.4043 trillion, from ¥1.4402 trillion. This was due mainly to a ¥28.0 billion decrease in interest-bearing debt and a ¥22.7 billion decrease in advances received on construction contracts in progress. Interest-bearing debt at the end of the current consolidated fiscal year stood at ¥344.8 billion, compared with ¥372.9 billion at the end of the previous consolidated fiscal year. The equity ratio improved by 4.6 percentage points from the end of the previous consolidated fiscal year to 32.1%, from 27.5%.」
At the fiscal year-end, interest-bearing debt had decreased by ¥28.0 billion and the equity ratio had improved by 4.6 percentage points. The company reported concrete annual progress in strengthening its financial position. - FY2018-Q3Improved from the fiscal year-end, but increased from the previous quarterAnnual report
「Total liabilities decreased by ¥181.4 billion from the end of the previous consolidated fiscal year to ¥1.2588 trillion, from ¥1.4402 trillion. This was due mainly to a ¥64.7 billion decrease in interest-bearing debt, a ¥58.6 billion decrease in advances received on construction contracts in progress, and a ¥45.3 billion decrease in notes payable, construction-related trade payables and other liabilities. Interest-bearing debt stood at ¥308.1 billion, compared with ¥372.9 billion at the end of the previous consolidated fiscal year. The equity ratio improved by 6.1 percentage points from the end of the previous consolidated fiscal year to 33.6%, from 27.5%.」
Interest-bearing debt decreased by ¥64.7 billion from the previous fiscal year-end, while the equity ratio improved by 6.1 percentage points. However, interest-bearing debt increased from ¥286.1 billion in the previous quarter to ¥308.1 billion, with improvement from the fiscal year-end coinciding with an increase during the quarter. - FY2018-Q2AdvancedAnnual report
「Total liabilities decreased by ¥110.1 billion from the end of the previous consolidated fiscal year to ¥1.3301 trillion, from ¥1.4402 trillion. This was due mainly to an ¥86.7 billion decrease in interest-bearing debt and a ¥56.7 billion decrease in notes payable, construction-related trade payables and other liabilities, partly offset by an ¥18.7 billion increase in advances received on construction contracts in progress. Interest-bearing debt stood at ¥286.1 billion, compared with ¥372.9 billion at the end of the previous consolidated fiscal year. The equity ratio improved by 3.7 percentage points from the end of the previous consolidated fiscal year to 31.2%, from 27.5%.」
Interest-bearing debt decreased by ¥86.7 billion from the previous fiscal year-end to ¥286.1 billion, while the equity ratio improved by 3.7 percentage points to 31.2%. The company reported concrete year-end progress in improving its financial position. - FY2018-Q1AdvancedAnnual report
「Total liabilities decreased by ¥88.3 billion from the end of the previous consolidated fiscal year to ¥1.3519 trillion, from ¥1.4402 trillion. This was due mainly to a ¥74.6 billion decrease in interest-bearing debt. Interest-bearing debt stood at ¥298.2 billion, compared with ¥372.9 billion at the end of the previous consolidated fiscal year. The equity ratio improved by 2.4 percentage points from the end of the previous consolidated fiscal year to 29.9%, from 27.5%.」
Interest-bearing debt decreased by ¥74.6 billion from the end of the previous consolidated fiscal year, while the equity ratio also improved by 2.4 percentage points. The company reported concrete numerical progress in improving its financial position. - FY2017-Q3Improved from the fiscal year-end, but increased during the quarterAnnual report
「Total liabilities decreased by ¥84.4 billion from the end of the previous consolidated fiscal year to ¥1.3283 trillion, from ¥1.4127 trillion. This was due mainly to a ¥22.5 billion decrease in notes payable, construction-related trade payables and other liabilities, and a ¥49.1 billion decrease in interest-bearing debt. Interest-bearing debt stood at ¥329.3 billion, compared with ¥378.5 billion at the end of the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥49.1 billion from the previous fiscal year-end to ¥329.3 billion, but increased by ¥21.9 billion from ¥307.4 billion in the previous quarterly report. Improvement from the fiscal year-end continued, but debt increased during the quarter. - FY2017-Q2Increased during the quarterAnnual report
「Interest-bearing debt stood at ¥307.4 billion, compared with ¥378.5 billion at the end of the previous consolidated fiscal year.」
Interest-bearing debt decreased by ¥71.0 billion from the end of the previous consolidated fiscal year, but increased from ¥298.8 billion reported in the previous quarterly report. The financial position improved compared with the fiscal year-end, while debt increased during the quarter. - FY2017-Q1AdvancedAnnual report
「Interest-bearing debt stood at ¥298.8 billion, compared with ¥378.5 billion at the end of the previous consolidated fiscal year.」
Although this does not describe a specific measure concerning the financial position, it reports that interest-bearing debt decreased by ¥79.7 billion from the end of the previous consolidated fiscal year. - FY2016First statedAnnual report
「In addition to strengthening cooperation among group companies and promoting technology development aligned with business strategy, the company will continue to focus on improving and strengthening its financial position in order to establish a group management platform for growth.」
Cooperation among group companies, technology development, and improvement of the financial position are positioned as components of the management platform.